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Monday, February 13, 2012 - 1:52am
ETFs For A Prowling BHP Billiton
Perhaps comments from CEO Marius Kloppers in 2011 that his company, BHP Billiton (NYSE: BHP), would spend $80 billion to develop and invest in its own mines and oil and gas fields made investors think the world's largest mining company was taking a breather from large-scale mergers and acquisitions...
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Friday, February 10, 2012 - 4:54pm
ETF Showdown: Sibling Rivalry
It's no secret that iShares, the world's largest ETF issuer, has been issuing new funds at warp speed this year. And it's no secret that some of those funds look a lot like other ETFs that have been around a while. What is interesting about some of the recently introduced iShares ETFs isn't so...
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Cobalt International Surging 50% on Drill Results
Friday, February 10, 2012 - 10:21amShares of Cobalt International (NYSE: CIE) are seeing much strength during Friday's trading session after the company announced better than expected drill results. Today, Cobalt provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola....
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Friday, February 10, 2012 - 10:20am
Euro Tumbles As Greek Deal Thrown Into Doubt
On Friday morning the EUR/USD currency pair tumbled, dropping below the $1.32 price level. The leader of Greece's far-right party, Karatzaferis, stated that he was unable to vote for the deal struck just a day ago. Further, Karatzaferis and his party offered to resign from the Greek government....
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Claude Resources Inc. Forecasts 50,500 Ounces in 2012
Friday, February 10, 2012 - 9:02amClaude Resources (NYSE: CGR) today reported that it expects to produce approximately 50,500 ounces of gold from its 100 percent owned Seabee Gold Operation during 2012. In 2011, the Company produced approximately 11,270 ounces of gold in the fourth quarter for a total of 44,760 ounces of gold...
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UPDATE: Cobalt International Energy Announces Successful Pre-Salt Flow Test Offshore Angola
Friday, February 10, 2012 - 8:50amCobalt International Energy (NYSE: CIE) today provided additional data confirming the significance of its Cameia Pre-salt oil discovery in Block 21 offshore Angola. The Cameia-1 Well was drilled in 5,518 feet (1,682 meters) of water to a total depth of 16,030 feet (4,886 meters), at which point...
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Richmont Mines: Promising Drill Results From Island Gold Mine Confirm Potential at Depth
Friday, February 10, 2012 - 8:17amRichmont Mines Inc. (NYSE: RIC), is pleased to announce results from its deep drilling program on its Island Gold Mine property. Highlights: -- Four main zones (G, C, D and E1E) identified between -500 metres and -900 metres of vertical depth over a lateral strike length of 150 metres...
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A Peek Into The Market Before The Trading Starts
Friday, February 10, 2012 - 7:23am
Pre-open movers US stock futures are lower this morning, as investors are awaiting consumer-sentiment data. Futures for the Dow Jones Industrial Average dropped 61 points to 12,781.00 and S&P 500 index futures fell 8.80 points to 1,339.50. Nasdaq 100 futures dipped 12.50 points to 2,548.50. A...
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Friday, February 10, 2012 - 7:20am
Financial Breakfast: Morning News Summary for February 10, 2012Friday, February 10, 2012 This is your Benzinga news summary and trader's outlook covering headlines from overnight and today's pre-market session. Keynes was the first to introduce the concept of a multiplier in 1929. Benzinga's Top News Alcatel-Lucent (NYSE: ALU) Reports Q4 EPS EUR0.19 vs...
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US Stock Futures Down Ahead Of Economic Data
Friday, February 10, 2012 - 6:37am
US stock futures are lower this morning, as investors are awaiting consumer-sentiment data. Futures for the Dow Jones Industrial Average dropped 54 points to 12,788.00 and S&P 500 index futures fell 7.50 points to 1,340.80. Nasdaq 100 futures dipped 10.50 points to 2,550.50. US stocks closed...
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